Short Sales

Short Sales & Foreclosures in Miami-Dade County

By 2013, distressed homes accounted for 14% of all sales nationally.  In 2012, they were at 22%.  Most people understand foreclosures come about when the owner no longer makes payments on their mortgage.  At this point, the bank works to take back ownership of the property and then sells it off.  Short sales are different because the owner and the bank work together to sell the property prior to the home going into foreclosure.  Why is it ca...

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